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Fed is Closer to a September Rate Hike Than Many Think, Says FedWatch’s Tim Duy
by Greg Robb
Market Watch
WASHINGTON (MarketWatch) — The Federal Reserve is getting more comfortable with the plan to raise rates in September than investors now realize, according to a keen outside observer of the U.S. central bank.
The result of the Fed’s meeting next week is likely to be that “they are going to be much more comfortable than many people imagine going in September,” said Tim Duy, an economics professor at the University of Oregon, in an interview.
Duy previously monitored what the Fed said and did for his superiors at the U.S. Treasury Department. Now he does the same thing from his perch in Eugene, Ore., and his FedWatch blog is must reading for those interested in following U.S. monetary policy.
Continue Reading at MarketWatch.com…
Source: http://financialsurvivalnetwork.com/2015/07/fed-is-closer-to-a-september-rate-hike-than-many-think-says-fedwatchs-tim-duy/?utm_source=rss&utm_medium=rss&utm_campaign=fed-is-closer-to-a-september-rate-hike-than-many-think-says-fedwatchs-tim-duy
